Four Corners Property Trust, Inc.

Four Corners Property Trust, Inc. is a real estate investment trust headquartered in Mill Valley, California, that acquires and operates restaurant and retail properties on a net lease basis. The company generates revenue primarily through long-term lease agreements with tenants, with properties concentrated in the restaurant sector alongside complementary retail assets. As a net lease operator, FCPT typically collects fixed rental income while tenants assume responsibility for property operating expenses, maintenance, and taxes.

The company operates a geographically diversified portfolio across the United States, focusing on single-tenant and multi-tenant properties suitable for restaurant and retail uses. Revenue is generated through base rent payments from lease agreements, with additional streams from lease escalations and renewal activity. The REIT structure allows FCPT to distribute a substantial portion of taxable income to shareholders in the form of dividends.

With approximately 496 full-time employees supporting its operations and a market capitalization of approximately $2.8 billion, FCPT functions at a mid-sized scale within the retail real estate investment trust sector. The company's business model relies on disciplined acquisition strategies, tenant credit quality assessment, and active property management to maintain and grow its leased real estate portfolio.